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JC Accounting performs two types of services, Tax and Consulting. JC's overhead costs consist of computer support, $200,000; and legal support, $100,000. Information on the two services is:

Tax Consulting
Direct labor cost $50,000 $100,000
CPU minutes 40,000 10,000
Legal hours used 200 800

Overhead applied to consulting services using activity-based costing is ??

Accounting Basics, Accounting

  • Category:- Accounting Basics
  • Reference No.:- M973870

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